The only thing standing between the American people and another apocalyptic financial collapse among by the biggest banks on Wall Street is the Federal Reserve’s stress tests and capital requirements. After Wall Street laid waste to the U.S. housing market and economy…
Since 2014, the US Has Added 547,000 Waiters and Bartenders and Lost 32,000 Manufacturing Workers…
As another month passes, the great schism inside the American labor force get wider. We are referring to the unprecedented divergence between the total number of high-paying manufacturing jobs…
Burning Down the House…
There’s a new feature to the Anything-Goes-and-Nothing-Matters economy: Nothing-Adds-Up. The magicians who pretend to measure the growth of GDP…
Here’s Why Americans Are Mad as Hell at Wall Street and Washington…
Tens of millions of Americans clearly understand that an entrenched system of corruption such as this, perpetuated through a revolving door between Wall Street and Washington, while…
Donald Trump Economic Policy Speech (VIDEO and TRANSCRIPT)…
We now begin a great national conversation about economic renewal for America. It’s a conversation about how to Make American Great Again for everyone…
U.S. Economy – Something is not Right…
Something very strange has recently happened with the national manufacturing ISM data. Not only are they regularly at odds with the PMI data released by Markit, but they…
Is Deutsche Bank as Dangerous to Financial Stability as Citigroup Was in 2008?…
Deutsche Bank is starting to resemble the financial basket case that Citigroup became in 2008, leading to Citigroup’s partial ownership by the U.S. government…
Get Ready for America’s New $29 Trillion Debt…
Bear in mind that US debt is already $19+ trillion and climbing. The CBO sees at least another $10 trillion in debt in the coming years, and projects…
U.S. Economy Was Growing at the Slowest Pace Since WW II; Now It’s Worse…
It has now been more than a decade since the U.S. economy grew at an annualized rate of 3 percent or better – the longest subpar growth stretch since the end of World War II…
After GE Ruling, Here Are the Too-Big-to-Fail Banks and Financial Firms Still a Threat to ‘derailing the U.S. Economy……
Here’s the list of banks and insurers the federal government gives extra scrutiny to for fear of their failure derailing the U.S. economy…